In preparation for a possible shareholder’s derivative suit, and claiming that Walmart Stores, Inc. (Walmart), has “made a mockery” of the Delaware law that affords shareholders the right to inspect corporate books and records, the Indiana Electrical Workers Pension Trust Fund IBEW (Trust) has sued Walmart in the Delaware Court of Chancery.  The Trust seeks access to Walmart’s books and records, and the records of Walmart’s Mexican subsidiary, Wal-Mart de Mexico, S.A. de C.V., that relate to their handling of allegations of corruption, bribery and violations of the FCPA in their Mexican operations.  This article provides the background of the dispute and a summary of the Trust’s allegations.